Full-Time
KYC Analyst
Remediation Team
Posted on 9/19/2025
Gunvor
501-1,000 employees
Independent commodities trading and logistics provider
No salary listed
Madrid, Spain
In Person
 Finance & Banking (1) |
|---|
- University degree (e.g. legal, economics or other)
- Min. 3 years KYC experience (in the banking sector or with due diligence services providers)
- Strong analytical skills with attention to detail
- Fluent in English, written and oral
- Process driven and goal oriented
- You are a team player willing to support others in achieving our common goals.
- You can also work independently pro-active
- Experience of working with remote teams
- Knowledge of common Microsoft office software and screening tools (such as World Compliance, World-Check and Factiva)
- Refreshing and reviewing our international counterparty portfolio by following a risk based due diligence approach
- Identify KYC information from various international public sources
- Escalate to the commercial desk and/or reach out the relevant counterparties to collect the documentation
- Undertake risk assessments on business counterparties including on PEPs
- Investigate/ Screen counterparties against money-laundering, bribery, fraud, sanction and other financial crimes
- Monitor quality of KYC files completed to ensure compliance with internal KYC requirements and escalate to the KYC remediation Senior analysts if deficiencies in documentation quality or processing are observed
- Work with remote KYC remediation Senior analysts to complete complex and sensitive reviews by raising commonly encountered issues and obtain consensus to streamline requirements globally
- Ensure timelines for reviews are met and the run rate for the refresh is maintained for timely completion
- Manage expectations by reporting refresh cases breakdown and possible outreach to trading Counterparts so that Front Office is aware of tasks in the pipeline
- Maintain detailed records on counterparts for second-level review
- Compliance / KYC certifications are a plus
- Previous experience of KYC / counterparty due diligence and screening (1-2 years)
- Experience of dealing with any type of counterparties/jurisdictions would be a plus
Gunvor moves physical energy, metals, and bulk materials from where they are produced to where they are needed most. The company operates by sourcing these commodities and using its own network of refineries, pipelines, and storage terminals to manage the logistics of the global supply chain. Unlike many competitors that focus solely on trading, Gunvor invests heavily in industrial infrastructure and upstream assets to gain direct control over the movement and processing of goods. Its goal is to create sustainable value for customers by providing efficient and safe transport solutions for essential global resources.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$7B
Headquarters
Geneva, Switzerland
Founded
2000
Simplify's Take
What believers are saying
- Gunvor USA's $2.34B borrowing base facility oversubscribed by 21 lenders in 2025.
- LNG credit facility upsized to $1.565B from $1.2B due to strong demand.
- Sace guarantees €400M 5-year term loan, matching Mercuria and Trafigura deals.
What critics are saying
- LNG glut from Plaquemines Phase 2 crashes prices below $5/MMBtu, breaching covenants by Q1 2027.
- Vitol ramps to 1.2 mbpd U.S. crude, cutting Gunvor's Houston volumes 25% in 12 months.
- Spain's 2030 renewables mandate impairs BBE gas plant by €200M via EU ETS by 2029.
What makes Gunvor unique
- Gunvor holds 42% stake in Oklahoma's Flywheel Energy for U.S. natural gas production.
- Gunvor acquired 75% of BP's 785MW Bahia De Bizkaia power plant in Bilbao, Spain.
- Gunvor invests £60M in Artemis Technologies' zero-emission eFoiler hydrofoiling ferries.
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Benefits
Professional Development Budget
Company News
Gunvor Group Ltd announced a management-led buyout, with the management team acquiring full ownership from majority owner Torbjorn Tornqvist. Gary Pedersen, head of Americas since 2024, is appointed as the new CEO. The transaction aims to introduce new governance and structural changes for long-term growth in the U.S., Europe, and Asia. Pedersen will operate between Houston and Geneva during the transition. Additional board and executive changes are anticipated.
Gunvor Group has invested in Artemis Technologies to support nonhydrocarbon maritime solutions. This follows a £33 million ($45 million) UK Government grant to the Artemis-led Belfast Maritime Consortium for zero-emission ferries, bringing total project investment to £60 million ($75 million). The investment will aid the development of the Artemis eFoilerTM, an electric hydrofoiling system, reducing fuel costs by 90% and emissions to zero for vessels carrying up to 350 passengers.
Commodity trading giant Gunvor has grown its uncommitted borrowing base facility in the US to US$2.34bn with support from a syndicate of 21 lenders, including four new participants. Houston-headquartered Gunvor USA says the facility was strongly oversubscribed, which managing director David Garza says “reflects the continued confidence of our banking partners in the US business ...
Gunvor's unit takes pertamina's PGN to arbitration over LNG supply dispute.
The prime minister was told that the Gunvor Group had already signed an agreement to acquire 50% shares of Total Parco.